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Energy / Gas Prices

Soaring Energy Prices And Stimulus: A Toxic Cocktail

Mar 25, 2022 at 13:09 | ZeroHedge

I have to repeat yet again that this is not just a war but an economic war, and not just a crisis but a metacrisis. As such, the…

Biden Is Growing Increasingly Desperate To Curb Gasoline Prices

Nov 29, 2021 at 10:44 | Robert Rapier

Last week a friend from Uganda told me that gasoline prices have risen by 50% there. I asked him who the people blame. “Our President.” So, there you…

The True Cost Of The Energy Crisis Is Yet To Be Seen

Oct 27, 2021 at 11:52 | Tsvetana Paraskova

Consumers all over the world have already started to feel the pinch of the global natural gas crisis and surging prices in Europe and Asia. Households in Europe…

U.S. Residential Natural Gas Bills To Jump 30% This Winter

Oct 25, 2021 at 13:27 | Tsvetana Paraskova

A total of 48 percent of U.S. homes will pay 30 percent higher bills for heating this winter, as 48 percent is the share of U.S. households that use gas…

Cold Winter Will Leave Europe Short On Gas Unless Russia Boosts Supply

Oct 08, 2021 at 12:54 | Tsvetana Paraskova

Europe may not have enough natural gas to meet demand in a cold winter, especially if Asia’s winter is cold too, unless Russian gas deliveries to European customers are increased,…

Natural Gas Prices Plunge As Putin Promises More Supply

Oct 06, 2021 at 15:20 | Julianne Geiger

Natural gas futures mercifully slipped 10% on Wednesday after Russian President Vladimir Putin promised that the gas-rich nation would send more natural gas to Europe. Gas prices…

Gas Prices In Europe Are Now The Equivalent Of $205 Oil

Oct 05, 2021 at 10:44 | Tsvetana Paraskova

The benchmark European gas prices continue their rally this week, surging to new record highs on Tuesday to an equivalent of $205 a barrel oil, amid a wider energy commodity…

Nord Stream 2 Comes Just As European Gas Prices Reach 13-Year High

Sep 15, 2021 at 13:22 | Tsvetana Paraskova

The sooner Nord Stream 2 is commissioned and launched, the better chance the Russia-led gas pipeline to Germany will have to balance surging gas prices in Europe, including on the…

Kremlin Spokesman Assures Markets Nord Stream 2 Will Stabilize Natural Gas Price

Sep 15, 2021 at 11:00 | City A.M

The Kremlin today said that a rapid start-up of the controversial Nord Stream 2 pipeline would help to correct sky-high gas prices across Europe amid a squeeze in…

U.S. Natural Gas Prices Jump To 29-Month High On Extreme Weather

Jun 28, 2021 at 10:04 | Tsvetana Paraskova

U.S. natural gas prices jumped last week and early on Monday amid a tight natural gas market and expectations of high demand for electricity in hotter than usual weather in…

Is This The First Truly Global Gas Price Benchmark?

May 28, 2021 at 15:16 | Vanand Meliksetian

In the world of energy, size matters. Therefore, large producers and consumers can influence global markets while smaller players have to acquiesce to developments. One outlier has been…

Asia Braces For Expensive LNG This Summer

May 26, 2021 at 13:49 | Tsvetana Paraskova

Economic recovery and a rebound in liquefied natural gas demand in the world’s largest LNG importing region, Asia, are set to keep spot regional LNG prices around current levels of…

Quick Rise In U.S. Natural Gas Prices To Boost Coal Demand

May 17, 2021 at 15:08 | Tsvetana Paraskova

U.S. coal-fired power generation is set for a short-term recovery this summer as higher prices of coal’s main fossil fuel competitor, natural gas, will discourage parts of gas-fired electricity generation.…

Asian LNG Buyers Are Preparing For A Harsh Winter

May 04, 2021 at 15:57 | Vanand Meliksetian

Global markets have been hit hard by the economic downturn as a direct consequence of the Covid-19 pandemic. LNG prices were among the commodities which decreased sharply as consumption evaporated…

The Future Of U.S. LNG Hangs In The Balance

Mar 31, 2021 at 17:11 | Tsvetana Paraskova

Soaring American exports of liquefied natural gas (LNG) could become a powerful tool of the Biden Administration to help other countries reduce their…

Gas Companies “Hit the Jackpot” On Deep Freeze

Feb 19, 2021 at 09:46 | Charles Kennedy

While Texans are struggling to keep the lights and the heating on, gas producers in the Lone Star state, or at least those whose wellheads did not freeze, are having…

Gas Prices Hit Another High Amid Blackouts

Feb 16, 2021 at 10:03 | Irina Slav

After physical delivery gas prices hit $600 per million British thermal units in Oklahoma this past weekend, the commodity is now trading at $500 per mmBtu at two Midcontinent…

U.S. Gas Prices Explode On Freezing Weather

Feb 15, 2021 at 08:50 | Irina Slav

U.S. natural gas prices hit record highs last week after the temperature in many parts of the country fell far below forecasts. In Oklahoma, gas traded at as much as…

Investors Are Looking Long Term In LNG Markets 

Feb 12, 2021 at 14:35 | Irina Slav

This winter saw something that made exporters of liquefied natural gas very happy: a more than a 1,000-percent surge in LNG prices on the spot market from a…

The World’s Largest Oil Trader Just Sent LNG Prices Soaring

Oct 22, 2020 at 08:48 | Irina Slav

Three trades for liquefied natural gas cargoes executed by commodity trading major Vitol made the company the talk of the LNG town as it pushed the Asian regional LNG benchmark…

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